Palm Beach Florida Release of Lien for Deed of Trust

State:
Multi-State
County:
Palm Beach
Control #:
US-OG-544
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Release of Lien for a Deed of Trust.

Palm Beach, Florida is an exquisite oceanfront town situated on the eastern coast of the United States. Known for its pristine sandy beaches, upscale lifestyle, and luxurious resorts, Palm Beach offers a perfect destination for those seeking a mix of relaxation and sophistication. When it comes to real estate transactions in Palm Beach, understanding the legal terminology and processes is essential. The release of lien for a deed of trust is one such important aspect to be familiar with. A release of lien is a legal document that acknowledges the satisfaction of a debt or obligation secured by a deed of trust, also referred to as a mortgage. Different types of Palm Beach, Florida release of lien for deed of trust can include: 1. Standard Release of Lien: This is the most common type of release of lien provided when a mortgage or loan has been fully paid off by the borrower. The lender issues the release document, releasing their claim on the property. 2. Partial Release of Lien: In certain situations, a borrower may request a partial release of lien. This occurs when a portion of the mortgage debt has been repaid, and the lender agrees to release their claim on a specific portion of the property. This can be helpful when a property owner wants to refinance or sell a portion of their property. 3. Substitution of Lien: Sometimes, a release of lien for a deed of trust can involve substituting one lender for another. This occurs when the borrower refinances their existing mortgage with a new lender. The original lender then releases their lien on the property, and the new lender takes their place. No matter the type of release of lien for a deed of trust, it is crucial to follow the appropriate legal procedures to ensure the transaction is executed properly. Engaging the services of a qualified real estate attorney or title company can help ensure that all necessary documents are prepared accurately and that the release of lien is recorded with the Palm Beach County Clerk's Office. Palm Beach, Florida, with its luxurious lifestyle and captivating scenery, continues to attract homeowners and investors from all over the world. Understanding the intricacies of a release of lien for a deed of trust is just one piece of the puzzle when it comes to navigating the Palm Beach real estate market.

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FAQ

Submit documents to be recorded electronically Submit documents to be recorded electronically. Mail documents to: Clerk of the Circuit Court & Comptroller, Palm Beach County. Recording Department. PO Box 4177. West Palm Beach, FL 33402-4177.

You can obtain documents from the Clerk's office for $1 per page and they can be certified for an additional $2. Uncertified copies may be downloaded and printed for free by using the Official Records search.

How To Do a Title Search in Palm Beach County - YouTube YouTube Start of suggested clip End of suggested clip Anyone can perform a title search using the county's property appraisers website and online officialMoreAnyone can perform a title search using the county's property appraisers website and online official records.

Perform a Deed Search and Get a Copy of Your Deed For Free! Each Florida County has a free search engine for public records. Below you can find links to each county's search engine. There are many ways to look up the deed on the county's website. You can search by Name of Grantor or Grantee.

Florida Deed Requirements: Validity and Recording The deed must be in writing; The deed must be signed by the transferor (the current owner) of the property or his or her duly authorized agent or representative; The deed must be signed in the presence of two witnesses, each of whom must also sign the deed.

In Person: Lake County Courthouse, North Wing, 3rd Floor, 550 W. Main St., Tavares, FL 32778. By Mail: Lake County Clerk of the Circuit Court and Comptroller, Attn: Recording Division, P.O. Box 7800, Tavares, FL 32778. Electronically: recordingdivision@lakecountyclerk.org.

Call 561-355-2932 and request a search. You will need to provide the following: Full name or legal description you want to search.

These fees can often be confusing and can quickly add up. Palm Beach Title & Escrow Co. charges $145 for the title search and $395 for a Closing Fee. The $395 closing Fee includes the title examination, document preparation, notary, and closing.

You can obtain documents from the Clerk's office for $1 per page and they can be certified for an additional $2. Uncertified copies may be downloaded and printed for free by using the Official Records search.

More info

Please fill out, print, and include with your submission when dropping off documents. Filing is strongly encouraged.To file, or record, a quitclaim deed, you first have to enter the relevant details in a quitclaim deed form. Mortgages, liens, and other evidences of indebtedness. If you fail to pay your property taxes in Florida, you could lose your home in a tax deed sale—but not right away. Complete legal description must appear on the deed. If you have questions about completing deed forms or other issues related to deeds, including transferring property, you should consult an attorney. Assignments of beneficial interest in a trust; Deeds in lieu of foreclosure. How can I find out what liens are on a property? You can come in and do a title search yourself, or contact a title company to perform one for you.

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Palm Beach Florida Release of Lien for Deed of Trust